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Abducted Noida businessman and his driver rescued, five arrested

Abducted Noida businessman and his driver rescued, five arrested

Time of India11 hours ago

Noida: Police rescued a businessman and his driver who were kidnapped on Thursday, and also arrested five persons who reached out to their targets by offering fraudulent loan assistance.
Two cars (Fortuner and Sonnet) that were stolen from the abducted men and Rs 75,000 in cash, one Samsung watch, three mobile phones, eight ATM cards, Aadhar cards, one laptop with a charger, two cheque books, and an illegal pistol with cartridges were recovered from the accused.
Rohit (24), Sachin (28), Ashish (24), Rahul (23) of Sonipat, and Pradeep Malik (36) of Panipat kidnapped 65-year-old Chandrapal Yadav and his driver Sachin (27) from Unitech Horizon Society of Greater Noida at gunpoint.
They assaulted the duo and also took away the car, money, and other valuables from the house.
According to Shakti Mohan Avasthy, deputy commissioner of police,
Central Noida, the accused were traced on Saturday following a tip-off received by Surajpur police.
During the investigation, the suspects revealed that they lured businessmen in the name of helping them get loans and then extorted money from them.
If their target refused to pay, they would kidnap them to force them to pay.
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The gang allegedly worked with two men, Pravendra and Suresh Dalal, residents of Sonipat, to contact businessmen and offer help to get loans.
They would build a rapport with the targets, only to provide a large amount of money and soon threaten them to return it at the rate of 30 percent interest per month.
Targets who refused to do so were kidnapped and assaulted.
The duo contacted Akshaydeep and Chetan Yadav (sons of Yadav) to arrange a loan for their company, Pawan Energy India, based out of Sector 135.
In Sept 2024, Pravendra sent them Rs 3 crore but soon demanded 30% monthly interest.
The Yadavs repaid Rs 3.17 crore, but the gang demanded another Rs 3 crore. When they refused, the gang kidnapped Yadav and his driver, Sachin, at gunpoint.
They were then taken to Sonipat and later brought back to force them to pay Rs 3 crore.
An FIR was filed against seven persons under sections 140(1) (kidnapping or abducting in order to murder), 115(2) (voluntarily causing hurt), 352 (intentional insult with intent to provoke breach of peace), 351 (3) (criminal intimidation), 61(2) (criminal conspiracy), 308(5) (extortion), 309(4) (robbery), 317(2) (stolen property) of the BNS.
The search for other accomplices of the accused is ongoing, said DCP Avasthy.

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